Trading Edges That Last
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Lawrence's Comment Recap Aussie failed to hold the Y-0 double bottom neckline and flushed down to where it started the up run. The low volume up drift back up to previous week ...READ MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MORELawrence's Comment Recap No time wasted on further compression. The pair simply break the lower boundary in 1 go. Not quite make it to Y-3. First bounce failed to push back up ...READ MORELawrence's Comment Recap Y-1 retested as expected. Failing to hold the zone gave us 100% expansion of the consolidation range. Closed the week below Y-1 and midpoint. Outlook Falling wedge in the ...READ MORE3DP Odds Table (USDCAD) 2019-07-01AUDUSD Jun 09 to Jun 13 OutlookPrecog Vision – Forex 2019-10-7Precog Vision – Forex 2023-1-273DP Odds Table (USDCAD) 2021-08-30Precog Vision – Forex 2011-6-13Intraday Cycle Projection (USDCAD) 2016-06-21USDCAD May 06 to May 10 Outlook3DP Odds Table (USDCAD) 2013-08-22USDCAD May 02 to May 06 Outlook
As Featured In
USDCAD Mar 02 to Mar 06 Outlook
Lawrence’s Comment
Cleared Y+1 early in the week and zoomed higher to tag Y+2. Failed to clear that and stalled quickly back down to near Y-1. Closed the week above Y-0 and near midpoint.
Outlook
Wild consolidation with 1.24 defended a 2nd time within 2 weeks from sharp drops. This points to the building of a base on weekly level and potentially monthly ledge in the making at this zone. So more 2-way trading for now with Y-1 / B-1 solid support.
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